Summary

Century 21 Multicolumn Journal (Blue Text) starts with the five-column multicolumn journal, then moves into special journals in cycle two. This Introductory Text includes chapters 1-16. The new Student Companion CD-ROM is packaged free with each text. The student CD is exclusively available with Century 21, and includes: Competitive Event Prep, Automated Accounting data files, Electronic flash cards of key terms, Extra accounting forms, Web links, PowerPoint presentations, Math worksheets, Portfolio assessment, Spanish and English dictionaries, and much, much more! This new edition of Century 21 Accounting now includes Peachtree, QuickBooks, Microsoft Excel, and Xtra! references throughout the text.

Table of Contents

PART 1 Accounting for a Service Business Organized as a Proprietorship

2

(228)

Starting a Proprietorship: Changes That Affect the Accounting Equation

4

(22)

Accounting in the Real World: Gold's Gym

5

(21)

The Accounting Equation

6

(4)

How Business Activities Change the Accounting Equation

10

(4)

How Transactions Change Owner's Equity in an Accounting Equation

14

(5)

End of Chapter Problems

19

(7)

Analyzing Transactions into Debit and Credit Parts

26

(28)

Accounting in the Real World: American Automobile Association (AAA)

27

(27)

Using T Accounts

28

(4)

Analyzing How Transactions Affect Accounts

32

(6)

Analyzing How Transactions Affect Owner's Equity Accounts

38

(8)

End of Chapter Problems

46

(8)

Journalizing Transactions

54

(34)

Accounting in the Real World: Travelocity

55

(33)

Journals, Source Documents, and Recording Entries in a Journal

56

(7)

Journalizing Buying Insurance, Buying on Account, and Paying on Account